BATON ROUGE, La.— A federal judge refused on Tuesday to dismiss a lawsuit that environmental groups filed against a New Orleans- based company responsible for a decade-old oil leak in the Gulf of Mexico. District Judge Susie Morgan ruled that a trial is necessary to determine whether several plaintiffs led by the New York- based Waterkeeper Alliance have a right...» Read More
For wealthier Americans, the free-fall in stocks is not only ravaging their portfolios—it's taking a huge bite out of the value of their homes.
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I hear it all the time. "Those guys know how to build a car that can get 50 MPG, but they just don't want to."
Global governments, like Japan, Sweden and possibly Russia, are stepping up aid to support ailing financial companies in order to re-instill economic growth.
President Barack Obama's decision Monday to reverse a pair of Bush administration environmental policies could be an sign of other decisions the new White House team could take to combat climate change.
U.S. President Barack Obama told the Environmental Protection Agency Monday to reconsider California's request to regulate greenhouse gas emissions from cars, reversing the climate policies of former President George W. Bush.
A unit of Warren Buffett's company has sold 2.7 million of the roughly 20 million shares of Constellation Energy Group it received when Constellation rejected a takeover bid last month.
The target date for General Motors to get its second installment of government loans passed last week, but a top company executive says he expects the money to arrive in the next several days.
Will the current global recession, slowdown for those of you in denial, be the making or the breaking of the renewable energy movement?
The realization that diversification of energy is in everyone's interest has shifted perceptions and the big oil companies, the likes of BP and Shell, have taken the lead in alternative energy.
The automobile industry may be rolling out electric cars in attempt to save their companies, but consumers have no incentive to buy the cars if an energy policy and a gas tax are not implemented soon, said Mike Jackson, CEO of AutoNation.
Billionaire oil tycoon Boone Pickens, chairman of BP Capital, predicts oil will reach $75 a barrel within a year and go back up to $140 a barrel when the global economy turns around.
China's BYD Auto's e6 all-electric automobile made its U.S. debut today, with an assist from the chairman of Berkshire Hathaway subsidiary MidAmerican Energy Holdings. Check out our video from the Detroit Auto Show.
Top executives at Ford Motor and General Motors stressed that the fortunes of automakers will depend on a turnaround in the economy and consumer confidence in particular.
Just weeks after ending a year marked by dismal sales and a federal bailout of General Motors and Chrysler, U.S. automakers Sunday touted new products with a focus on fuel efficiency that they say will help ensure that their cars and trucks will roll off assembly lines for years to come.
Now is the time to buy in Manhattan, if you have cash, said Ivanka Trump, The Trump Organization executive vice president of development and acquisitions.
Motorists are driving less and buying less gasoline, which means fuel taxes aren't raising enough money to keep pace with the cost of road, bridge and transit programs.
Venezuela will seize several gold mining concessions that previous governments granted private operators, in a bid to supplement falling oil prices with proceeds from state-controlled gold, President Hugo Chavez said Saturday.
The Bush Administration's plan to use TARP funding to aid the auto industry and Treasury Secretary Paulson’s decision to seek the remaining $350 billion generated more confusion and concern.
For a while there, it really looked like high oil prices would solve the problem of climate change. People were driving less and buying cars with better gas mileage, companies were investing in alternatives